Headlines
Governors Lambast Buhari, Say President a Failure
Governors of the 36 states have accused the Federal Government of abandoning its duty of addressing the security challenges crippling economic activities in the country.
The governors, under the auspices of the Nigeria Governors’ Forum, said the rising level of poverty among Nigerians was a consequence of the biting effect of insecurity on commercial and agricultural activities.
They also alleged that the Federal Government’s inaction had allowed “bandits, insurgents, and kidnappers to turn the country into a killing field”.
While reacting to the claim by the Minister of State for Budget and National Planning, Clement Agba, that the 36 governors were responsible for the rising poverty index in the country, the forum argued that the governors had made tremendous progress in their respective states through relevant projects.
The NGF, in a statement by its Director of Media and Public Affairs, AbdulRazaque Bello-Barkindo, said, “It is important to put on record the progress made by state governors in the administration of their states, which have witnessed tremendous progress in recent times. Governors have undertaken projects where they, in conjunction with their people, deem them fit for purpose.
“This dereliction of duty from the center is the main reason why people have been unable to engage in regular agrarian activity and commerce. Today, rural areas are insecure, markets are unsafe, travel surety is improbable and life for the common people generally is harsh and brutish.
“The opinion, therefore, of one minister, based on a survey of 56,000 households in a country of 200 million people can never diminish the good work that 36 pro-poor-minded governors are doing for this country.”
It further accused the minister of attempting to defray the notion that rising levels of hunger and lack were peculiar to Nigeria, instead of responding to a question demanding to know what he and his colleague, the Minister of Finance, Budget and National Planning, Zainab Ahmed, were doing to ameliorate the hardship Nigerians were facing.
“Mr Agba explained that their government, through many of its social security programs, has been dedicating resources to alleviating hardship, and then goes further to accuse state governors of misdirecting resources to projects that have no impact on the people. While rightly pointing out that 72 per cent of the poverty in Nigeria is found in the rural areas, the minister said that the rural populace had been abandoned by governors,” the statement added.
The forum also described the Federal Government’s claim as “Mr Agba’s veiled and deliberate effort, as a minister, to protect his paymasters and politicise very critical issues of national importance”.
The statement further added, “The primary duty of any government is to ensure the security of lives and property, without which no sensible human activity takes place. But the Federal Government, which is responsible for the security of lives and property, has been unable to fulfil this covenant with the people, thus allowing bandits, insurgents, and kidnappers to turn the country into a killing field, maiming and abducting people, in schools market squares and even on their farmlands.
“How can a defenceless rural population maintain a sustainable lifestyle of peace and harmony when their lives are cut prematurely, and they wallow permanently in danger? How does a minister whose government has been unable to ensure security, law, and order have the temerity to blame governors?
“Under the current administration that Mr Agba is minister, the national cash cow, the NNPC, has failed to remit statutory allocations to states in several months. The situation had compelled governors to rely on other sources of revenue like the SFTAS program and other interventions anchored by the NGF, to fund state activities while monies budgeted for such federal ministries like agriculture, rural development, and humanitarian affairs, are not being deployed in the direction of the people.”
The Punch
President Bola Tinubu has held a private meeting with suspended Rivers State Governor Siminalayi Fubara in London, as part of efforts to resolve the political crisis rocking the oil-rich state, according to The Africa Report.
The paper reported that the meeting took place last week following Tinubu’s departure from Paris, and that the talks were initiated at Fubara’s request, amid his growing efforts to regain his position following his suspension and the imposition of a state of emergency in Rivers State.
During the meeting, Fubara reportedly pledged to make certain concessions in a bid to ease tensions. A senior presidential adviser, who spoke on condition of anonymity, revealed that negotiations are still ongoing but suggested that Fubara’s suspension is likely to be lifted before the six-month period elapses.
Another aide to the president indicated that Fubara is considering joining the ruling All Progressives Congress (APC), a move that could improve his standing with the presidency and enhance Tinubu’s political influence in the state. “If Fubara joins the APC, the president’s chances of winning Rivers State will increase significantly,” the aide noted.
Notably absent from the London talks was former Rivers Governor and current FCT Minister Nyesom Wike, who is reportedly uneasy about being sidelined in the reconciliation process. However, President Tinubu is expected to facilitate a broader meeting involving Fubara, Wike, and members of the Rivers State House of Assembly to find a lasting resolution to the impasse.
Pope Francis has died, the Vatican has announced in a video statement.
The first Latin American leader of the Roman Catholic Church, died at the age of 88 at 7:35 am (0535 GMT) on Monday, said Cardinal Kevin Farrell in a statement published by the Vatican on its Telegram channel.
Francis had suffered various ailments in his 12 year papacy, with severe complications in recent weeks after a bout of double pneumonia for which he spent five weeks in hospital.
His death comes one day after a brief appearance before thousands of Catholic pilgrims gathered in St Peter’s Square for the Vatican’s open-air Easter Sunday mass.
Source: Aljazeera
The International Monetary Fund (IMF) says that Nigeria faces significant uncertainty in its economic outlook despite wide-ranging reforms.
It, however, noted that the gains are yet to benefit all Nigerians with poverty and food insecurity remaining high.
Concluding its 2025 Article IV Consultations with Nigeria’s public policy executives during the week, IMF’s team, led by Axel Schimmelpfennig, its mission chief for Nigeria, acknowledged that Nigeria has taken important steps to stabilize the economy, enhance resilience, and support growth.
The IMF team had met with Minister of Finance and Coordinating Minister of the Economy, Wale Edun, Minister of Agriculture and Food Security, Abubakar Kyari, Central Bank of Nigeria Governor, Yemi Cardoso, senior government and central bank officials, the Ministry of Environment, the private sector, academia, labour unions, and civil society.
Although the IMF representatives said these reforms have put Nigeria in a better position to navigate the external environment, the macroeconomic outlook remains marked by significant uncertainty.
They said that the elevated global risk sentiment and lower oil prices would impact the Nigerian economy.
They, therefore, recommended that macroeconomic policies need to further strengthen buffers and resilience, reduce inflation, and support private sector-led growth.
The final report of the consultations stated: “The Nigerian authorities have taken important steps to stabilize the economy, enhance resilience, and support growth.
‘‘The financing of the fiscal deficit by the central bank has ceased, costly fuel subsidies were removed, and the functioning of the foreign exchange market has improved.
‘‘Gains have yet to benefit all Nigerians as poverty and food insecurity remain high.
‘‘The outlook is marked by significant uncertainty. Elevated global risk sentiment and lower oil prices impact the Nigerian economy.
‘‘The reforms since 2023 have put the Nigerian economy in a better position to navigate this external environment. ‘‘Looking ahead, macroeconomic policies need to further strengthen buffers and resilience, while creating enabling conditions for private sector-led growth.
“The authorities communicated to the mission that they will implement the 2025 budget in a manner that is responsive to the decline in international oil prices. A neutral fiscal stance would support monetary policy to bring down inflation.
‘‘To safeguard key spending priorities, it is imperative that fiscal savings from the fuel subsidy removal are channeled to the budget.
‘‘In particular, adjustments should protect critical, growth-enhancing investment, while accelerating and broadening the delivery of cash transfers under the World Bank-supported program to provide relief to those experiencing food insecurity.
“A tight monetary policy stance is required to firmly guide inflation down. The Monetary Policy Committee’s data-dependent approach has served Nigeria well and will help navigate elevated macroeconomic uncertainty.
‘‘Announcing a disinflation path to serve as an intermediate target can help anchor inflation expectations.”
